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As the economy battles a recession and unemployment is consistently higher than it was even a year ago, the demographics on the unemployment line have changed. More and more, workers in their 40s and older have found themselves needing a career change, and even some retirees have decided they need to rejoin the labor force.
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The Conference Board reported today that online job postings rose by a quarter-million during May, to 3.367 million. While the 250,000 additional jobs represented the largest gain since October 2006 and the first positive movement since October 2008, the overall number is still down 25% year-over-year.
Former Skybus Airlines employees will receive an average of about $1,800 each under a settlement of a lawsuit over the lack of notice that their jobs were being eliminated as the airline went out of business.
Macon and DeWitt counties may be in line for still more youth jobs funded by federal economic stimulus money.
Telecom giant and Apple iPhone partner AT&T revealed on Thursday that it plans to cut about 12,000 jobs, or four percent of its workforce, through 2009. The layoffs are in response to a weaker economy and what the company called "a changing business mix."
Now that General Motors has followed on the heels of Chrysler into bankruptcy, and with the federal government agreeing to take on 60 percent ownership of the smaller corporation that will emerge, what will this mean for GM's employees?
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